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2� 17�2233 Se�t�an 3.1U ,L�t�er �f Cr�dit R�gh#�. If Indi�idua� B�rrower is at any time a �en�f��ary under a �etter of credit relating ta the pro�ertie�, r��hts, titles and ir�terests r�ferenced in Secti�r� 1.1 af th�s Secur�ty In�trument r�ow or �ereaft�r issu�d in fav�r of Ind�vidu�.�, - B ar�a�v�r, I�c1i�r�dual B�rrov�er �hal� �aromptl}� ��ut in an� eve�� n �r priar ta the �ate of deli�ery of th� quar�erly fina�cia� s�atements r�quir�d to be d�Ii��red t� L�nder �vith respect to the quar�er �r� �vhich Ind��idua� Borr�wer b�comes a�vare �hat Ind��ridua� B�rr��r is a � �enefic�ary un�.�r such le��e� af c�ed�t� r�otif� Len�er ther��f and, at the request an� opt��r� of Le�c�er, Ir�dividual Barrower sha�I us� c�m�ne�c�ally reasor�ab�e eff�rts t� obtair� an agreem�r�t in form and su�stance reasanably sat�sfa.ctor�to L�nder, �ith�r arrang�ng fa� (a� the �ssuer and any �onfirm.er of s�ch I�t��r af credit ta �ans e�t to an as signment to Lend�r af the pra��eds af an� . dravvir�� under such ��tter of cred�t ar �b) Lender to be��me the #.ransferee b�r�ef��ary �f such letter of cred�t, with L�nder agr��ing, ir� eac� cas� that th� prace�ds �f any dra�ving under such 1e��er of cred�t are to be deposited int� �he Cash Management Accaunt, to be apptied �r� acc�rdance��th the provisior�s af the Loan Agreem.�r�t. ARTICLE 4 - �BLI�ATI�NS Al�D REI.�IA.�ICES S��ti�n�.1 Reiat�onshi of Indi�idual Borro�ver and Lender. Ind��ridua� � Borrov�rer a.nd Lender �n�end that th� relation�h��as �reated hereund�r and ur�d�r th� �th�r Laan Documen�s �a� s�lel��ha�of de�tar and cre�itor. I��thing herein�r th�re�n is ��t�nded to create a joint v�nture, par�nership, tenan�}�-�n-��m�n��, or joint tena��y relatiQnsh�p b�tv��n Individua.� Borr�v��r a��i L�r�de� nor to grant Lender any inter�st in the P�ape��y �t�e� than that of mor�ga�ee, b�n�fciary�r�end�r. Sect�on 4.Z I'�o Relianc� on L�nder. The g�n�ra� partn�rs, members, principa�s and (if Ind��idual Barr�v��r �s �. trust� benef�cia� o�vners �f In.d��idua� Borr�vver are e�perienced ir� the o�ne�ship and operat��n of propert�� sim�la� t� t�� Prop�rt�, and Indivxdual Borrower and L�n��r are re�yin�so�el�u.pon such e�pertise and bus�n�ss p�a�in �or�ne�ti�r�wxth . the �wnershi� and aperat�on af th� Property. Ir�di�idual B�rro�er �s nat rely�n� on Lende�'s e�p�rt�s�,husiness a�um�r�or ac�vice in c�nn�ct�an�ith the Pro��rty. �ecti.�n �.3 ,No Lend�r �bl��atians. �a� Not��ths�andin� th� prov�s�or�s of Sul�secti�ns 1.1 h and � or �ecti�n 1.�, Lender is not und�r�akir�g the pe�farmance af�� any a�ligati�ns ur�der the L�a�es ar L�as� �uaranties �r �ii) ar�y o�ligation� �ith respect to �u�h agre�m�nts, con�rac�s, certificates, instr�m�nts, �'ranchises, �ermits, trademar��s, l�cens�s and other docum.ents, in either �ase� �rior t� the entr�u��n and ta��n� of actua� physi�a��ssession of the Frope�ty b�a rece��er, Lender or anyon� c�a�ming�y,thraugh ar ur�der Ler�der. �b� �3y accepting anyth�ng require�t�be observed,perf�rmed or fu�f�11ed or to be given t� Lend�r pu�su�.nt to this Security Instrument, the L�an A.greement, the Nat� or the oth�r Laan I�ocuments, �nc�uding, �ithout limitation, ar�� fficer's �ertificate, bala.n�� sheet, stat�mer��af�rof�t and ��ss or other fnancial statement, �u�ve�, appra.isal, ar Fal�cy, Lend�r sha�1 not be deemed ta ha�e v�rarran��d� consented ta, or affirm�d the suff�cier�cy, t�e legal�t� �r effect��eness of same, and such acGeptan�� thereaf�sha�� r�ot const�tute any v�arrar�t� or affirmatian�v�th respect thereto by Lender. 11